Gate terminal extends primary capacity allocation timing

29-04-2019

On March the 7th of 2019, Gate terminal announced the details of an open season regarding the 1 BCM/a of available capacity and the 2 BCM/a of additional capacity.

Gate terminal signed several confidentiality agreements and received several expressions of interest from market parties.

Despite good and interesting discussions with these parties, no contracts were signed by the deadline of April the 19th of 2019. As a result, none of the above capacity has been allocated yet.

Gate terminal will, however, continue offering the capacity to the market but now on a first-come-first-served basis both for the 1 BCM/a of available capacity and the 2 BCM/a of additional capacity (subject to FID). The procedure also remains open to parties not yet having signed a confidentiality agreement and/or an expression of interest.